Early electric bikes were often large and bulky with heavy lead-acid batteries that took up a lot of space. Today’s lithium-ion batteries are much smaller and lighter, making it easier to integrate them into the frame of the bike. This has led to the development of a new generation of electric bikes that are sleeker and more stylish than their predecessors. The latest technology and advancements are giving a new shape to the industry of electric bikes. 

Many of today’s electric bikes are equipped with features that make them more user-friendly, such as throttle control and pedal assist. Throttle control allows you to get power on demand, while pedal assist provides a boost of power when you need it most, such as when climbing a hill. These features make electric bikes more versatile than ever before, and they’re one of the reasons why they’re becoming increasingly popular with riders of all ages and abilities. As modern electric self balance bicycles offer much more power and performance, while still being relatively affordable. So, we have tested more than 100 electric bikes under $2000 currently on the market and made a detailed review of the top 5 in the market.

Our Top Pick of the Best Electric Bikes Under $2000

Editors Choice

VELOWAVE Fat Tire Electric Bike

  • 26″ Wheel Size
  • Front Suspension
  • 750W Motor
Value For Money

Schwinn Marshall Adult Hybrid Bike

  • 27.5″ Wheel Size
  • Front Suspension
  • 250W Motor
Runner Up

eAhora AM100 Electric Bike

  • 27.5″ Wheel Size
  • Dual Suspension
  • 500W Motor


In-Depth Review of the Best Electric Bikes Under $2000

The in-depth review of the best electric bikes under 2000 dollars, that you can rely on are stated below:

1: VELOWAVE Fat Tire Electric BikeBest Electric Bikes under $2000: VELOWAVE Fat Tire

Wheel Size 26″
Motor 750W BAFANG Geared Hub
Maximum Speed 28mph by pedal
Suspension Hydraulic Fork
Brake Front and Rear Hydraulic Disc brake
Battery 48V 15Ah, 720Wh, LG Cells
Payload Max 300lbs


If you want to experience the thrill of riding on roads, beaches, or snow, uphill, and downhill, during the day and at night, the VELOWAVE Fat tire electric bike is a perfect choice. It is regarded as one of the best electric bikes under 2000 as it caters to riders of all skill levels and riding styles! That’s the reason we have kept this bike at the top of our list.

The eye-catching, clean-looking frame is available in two different colors. It has a massive look and is far larger than models in the same price range. As it is a full-size frame, you may enjoy a comfortable riding position. Furthermore, there is enough capacity for various extras such as water bottle holders and bags.

Moreover, it can hold up to 300 pounds and is exceptionally durable due to its aluminum build. Even this bike performs well off-road. In addition, this fat tire bike is easy to assemble. If you are new to assembling the bike, it will hardly take 5 to 10 minutes. Else if you are used to working with folding electric bike, then you will be all done in a minute or two. 


  • An extremely powerful motor
  • Excellent performance in off-road
  • Available in 3 modes


  • The battery and frame of the bike are heavy

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2: Schwinn Marshall Adult Hybrid BikeBest Electric Bikes under $2000: Schwinn Marshall Adult Hybrid

Brand Schwinn
Wheel Size 27.5″
Motor 250W brushless geared hub drive
Maximum Speed 20mph by throttle
Shifter 7-speed twist shifter
Brake Aluminum mechanical Disc brake
Battery 288W
Range and Charge time 35 Miles range, 4-hour Charge time


Schwinn Marshall hybrid electric bike for adults is designed for daily adventures. If you want to visit friends across town or simply go exploring without having to worry about lengthy distances or difficult slopes, Schwinn Marshall is the best e-bike under $2000. This bike has a 250-watt brushless geared hub drive pedal that helps the motor to increase your pedaling effort up to 20 mph.

Also, you may use the throttle to accelerate up to 20 MPH without using the pedals. Moreover, the internal downtube battery has a capacity of 288 watt-hours and can go up to 25 miles on a single charge, depending on conditions. Even, you can easily charge this bike in 4 hours. In addition, this bike is equipped with LED lights, which complement the sleek, futuristic appearance while also assisting others in seeing you on low-light trips. Headlights and taillights are also featured for increased visibility.

The Marshall adult hybrid bike has a lightweight aluminum frame, 7-speed twist shifters, and mechanical disc brakes which will give your journey a boost. Furthermore, the 2.3-inch-wide wheels with alloy double-wall rims provide improved durability without adding weight. Apart from this, electric scooters for adults can also be a viable option for you.


  • The battery can be removed easily
  • Easy to assemble
  • Powered headlight


  • Tail-light is only powered by a battery

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Get the Best Deals: Best Electric Bikes under 1000 Dollars

3: eAhora AM100 Electric BikeeAhora AM100

Brand eAhora
Wheel Size 27.5″
Motor 500W brushless motor
Maximum Speed 28mph
Suspension Dual
Brake Aluminum mechanical disc brake
Battery 48V 14Ah
Crankset 52-tooth aluminum crankset


For most experienced mountain bikers, the Eahora AM100 is linked with freedom and edge. It is physically built to provide one unique experience after another, as you will most likely own this electric bike for a long time, regardless of how daring your adventure may be.

This bike is equipped with a 500W brushless motor that can reach the speed of up to 30mph when riding up the mountain or on your daily commute to and from work, making it one of the best electric bikes under $2000, especially for mountain riding.

Moreover, the durable 48V 10.4AH Samsung Lithium battery is designed to enable you to effortlessly travel up to 50 miles in electric mode and up to 80 miles in sport mode without a hitch. Furthermore, this electric bicycle also has an Eahora-exclusive E-PAS technology, which aids the company’s attempts to be eco-friendly.


  • Developed for all terrains
  • Charging time is only 5-6 hours
  • Smart LCD display for quick control


  • Heavy bike

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4: DJ Mountain Electric BikeDJ Mountain Electric Bike

Brand DJ Bikes
Wheel Size 26″
Motor 750W Brushless
Maximum Speed Range (MSR) 28mph
Frame Aluminum
Brake Tektro/JAK disc
Battery 48V 13Ah
Range 25-37 miles


If you are looking for a high-quality lightweight aluminum frame electric bicycle, which enables you to ride it in both the city and on rough terrain, then DJ Mountain Bike is what you are looking for. With a 48V LG battery, this electric bicycle can be charged anywhere there is an electrical outlet and Shimano gears allow you to climb hills with ease. 

Moreover, the TunGun suspension fork and Shimano gear on this electric bike make rough terrain and hills much more manageable. Furthermore, the DJ mountain bike is ideal for novices or individuals with weak joints who wish to enjoy the wonderful outdoors. 

In addition, DJ Mountain bikes can help you match the speed limit with power-assisted speed, allowing you to go up to 20 MPH.  If we talk about safety features, these bikes have the highest level of safety and quality requirements similar to the kids electric scooters with zero failures in security. Moreover, this makes them an excellent choice for youngsters, elders, and the common rider searching for their next electric bike.


  • The manufacturer provides a one-year warranty.
  • The LCD on the meter includes an odometer and a charging indicator.
  • Offers bike headlight for riding at night.


  • No tail light available
  • Unclear construction manual

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5: NCM Moscow Plus Electric BikeNCM Moscow Plus

Brand NCM
Wheel Size 27.5″
Motor 500W Das-kit Rear Drive Electric
Maximum Speed 20mph
Frame Aluminum
Display LCD Display Das-Kit
Battery 48V battery with USB
Brake Tektro Hydraulic Disc


If you thought of having a high-performing, long-lasting, yet economical mountain electric bike combination, NCM Moscow Plus is the best option you can rely on. This famous e-bike has improved and is undoubtedly what you want, owing to the addition of new distinctive features like the 100mm Suntour XCM with preload adjustment.

This amazing feature allows you to plan your bike route ahead of time depending on the weight you’re carrying and your riding style. This eliminates the need to stop and change along the way. Moreover, This bike is equipped with the innovative Das-kit system, which includes a 750wh Dehawk 36 or 48V 16Ah Lithium-ion battery that enables you to cruise up to an astonishing 60 mph per charge depending on what you choose that day.

However, this battery may also be removed to be charged and stored safely. In addition, the system has a 500W motor hub on the back, which allows the rider to achieve high speeds of 20mph on pedal assist and 60mph on electric mode.


  • Possessed with great geometry and suspension
  • 24-gear combination.
  • Powerful motor


  • No chain cover or guard
  • A bit bulky as compared to other trail bikes

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Factor to Consider Before Purchasing Best Electric Bikes Under $2000 (Buyer’s Guide)

E-bikes are popular among individuals of all ages as they have been in high demand. Everyone is looking for the best form of transportation for 2023 for commute purposes. However, if specific purchasing factors are not considered, users may suffer issues. The below considerations will assist in the choosing of the best electric bikes under $2000.

1: Range

The range is defined as the distance traveled by the vehicle with a fully charged battery. This is a very crucial factor to consider while choosing an electric bike.

If your main goal is to go around the city for day-to-day activities, an electric bike with a maximum range of 43.4 miles and comfortable seats would be appropriate for you. Obviously, if you increase the battery capacity, the range will automatically improve.

2: Battery Quality

The performance of the e-bike will be heavily dependent on its battery. A 1000W electric bike is quite effective in its battery quality. And Nowadays, many electric bike manufacturers are using lithium batteries with extended charging times.

Usually, lithium batteries take at least a couple of hours, to fully charge, and you will be able to travel within the city for the entire day. However, electric bicycles equipped with lithium batteries are more expensive than bikes equipped with standard batteries.

3: Buying Purpose

No matter if it is an electric bike or petrol engine, the budget is determined by the device’s intended usage. If you want to buy an e-bike for adventure or regular travel, you have a lot of alternatives these days.

Furthermore, several electric bikes are available in the form of mountain bikes. As a result, adventurers should choose these sorts of motorcycles. Apart from that, electric bikes are available in the same way that ordinary scooters are, and they are also relatively affordable. E-bikes are especially popular among the elderly and students due to the comfort and convenience they bring. Moreover, you can also bunch your e-bikes along with an electric skateboard to get the ease and thrill of commuting nearby. 

4: Price

Individuals tend to first look at the price and then decide whether to buy the object or not. There are several options on the market for you to search for including top-performing bikes and average performers, and everything has been categorized as per your requirements.

It will be a sensible idea to search for options online before making a purchase. You should perform lots of research before spending your hard-earned money while purchasing a product.

5: Weight Capacity

Electric bikes are built in the same manner as non-electric bikes. As a result, their weight capacity is nearly equal. However, the majority of e-bikes can carry people weighing up to 300 pounds.

Manufacturers usually advertise maximum weight limitations that are 50 pounds less than the actual maximum capacity to ensure dependability. A heavier user will wear out the e-bike faster, and the wheel spokes may get damaged in the long run.

Final Thoughts

We hope that the best electric bikes under $2000 reviews helped you understand every element and formed an overall impression of the top electric bikes you can rely on for yourself. However, keep in mind the important factors that we have mentioned in this detailed review, when purchasing electric bicycles.

Frequently Asked Questions (FAQs)

Q1. Which is the best electric bike in 2023?

The best electric bikes under $2000 you can purchase in 2023 are as follows:

  • VELOWAVE Fat Tire Electric Bike
  • Schwinn Marshall Adult Hybrid Bike
  • Eahora AM100 Electric Bike
  • DJ Mountain Electric Bike
  • NCM Moscow Plus Electric Bike

Q2. Is it worthwhile to invest in electric bikes?

Yes, it is worthwhile to invest in electric bikes as they are safe to ride as compared to the standard ones. Moreover, they use an in-line electric motor driven by a battery to replace traditional pedaling,  which eventually gives you greater control.

Q3. What is the maximum speed of an electric bike?

A normal electric bike may attain a speed of up to 20 miles per hour. However, these are few electric bikes that can attain a top speed of 28 miles per hour. 

Q4.What should I know before purchasing an e-bike?

Before purchasing an e-bike, you need to consider the following factors, which are as follows:

  • Range
  • Battery Quality
  • Buying Purpose
  • Price
  • Weight Capacity

I am David, one of the best o.bike contributing tech editors. I have written more than a million words about thousands of bikes and equipment. To make sure my hobby turned profession inspires others, I have also penned 3 bike-related books and have given interviews to many YouTubers.